About Ashish Estates and Properties Pvt Ltd
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Ashish Estates and Properties Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 04 November 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1981PTC025550. Its GSTIN is 27AAACA4555D1Z0 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Sunil Naraindas Lalwani and Ashish Vaid Girdharilal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 115 Maker Chamber3 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.24 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹23.16 Cr and EBITDA of -₹13.67 Cr (EBITDA margin -322.2%). Revenue has grown at a compounded annual rate (CAGR) of 27% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹530 Cr and satisfied charges of ₹885.75 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashishestates.com.
Company details
Contact details
Ashish Estates and Properties Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is ashishestates.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address115 Maker Chamber3 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ashish Estates and Properties Pvt Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activities of Ashish Estates and Properties are construction and administrative and support service activities. In detail, this covers construction of buildings, rental and leasing activities and office administrative, office support and other business support activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings | |
| N | Administrative and support service activities | 77 | Rental and leasing activities | |
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Ashish Estates and Properties Pvt Ltd, buy the company report.
Financials of Ashish Estates and Properties Pvt Ltd
FY 2025 filings availableAshish Estates and Properties Pvt Ltd reported revenue of ₹4.24 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 9% growth in the latest year. EBITDA fell 960% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹13.67 Cr | ||||
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| Net Profit (PAT) | -₹23.16 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -322.2% | ||||
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To see the full financial statements and ratios of Ashish Estates and Properties Pvt Ltd, buy the company report.
Board of directors of Ashish Estates and Properties Pvt Ltd
Ashish Estates and Properties has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Naraindas Lalwani Also directs: Ashish Housing and Construction Pvt Ltd, Dynamix Contractors & Builders Private Limited, Ashish Exim Pvt Ltd and 5 more | Director | 10 Aug 2018 | 8 Years 2 Months | Current |
| Ashish Vaid Girdharilal Also directs: A R Bhayandar Realty LLP, Alibag Seaview Realty LLP, Grandbuild Land Developers LLP and 5 more | Director | 07 Nov 1983 | 42 Years 11 Months | Current |
Auditor
Ashish Estates and Properties Pvt Ltd is audited by ANJARIA & ANJARIA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANJARIA & ANJARIA | FY 2023 | 031244 |
Shareholding
The shareholding of Ashish Estates and Properties Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashish Estates and Properties Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2025 | 101105530 | Others | ₹21 Cr | Open | |
| 27 Feb 2025 | 101080095 | Others | ₹125 Cr | Open | |
| 24 Jan 2024 | 100860804 | Others | ₹2 Cr | Open | |
| 17 Apr 2023 | 100712738 | Others | ₹42 Cr | Open | |
| 29 Dec 2021 | 100526353 | Idbi Trusteeship Services Limited | ₹160 Cr | Open |
To see the full charge records of Ashish Estates and Properties Pvt Ltd, buy the company report.
Total charge records: 24 View all charges
Legal cases
Ashish Estates and Properties Pvt Ltd has 6 court cases on record: 2 filed by Ashish Estates and Properties, 4 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 4 | 2 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against State of Maharashtra THR the Comp. Auth. and Dist. Dy Registrar Co-Op. Soc. Mumbai City 4 and Anr and 1 other | Pending |
| Bombay High Court | Writ petition | Filed against the company | Pending |
| Bombay High Court | Writ petition | Filed against the company | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-3 | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Mun.Appeal) | Filed by the company against an individual | Disposed |
To see the full case history of Ashish Estates and Properties Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Ashish Estates and Properties Pvt Ltd has 8 MSME Form 1 returns on record between 2021 and 2024, listing 19 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| New Kampala Service Station | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Ashish Estates and Properties Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Ashish Estates and Properties has 5 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Ashish Estates and Properties Pvt Ltd has a workforce of 44 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Ashish Estates and Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA4555D1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashish Estates and Properties Pvt Ltd, buy the company report.
Recent activity
Ashish Estates and Properties Pvt Ltd has 4 board changes on record since 1983: 2 appointments and 2 cessations. The latest: Sunil Naraindas Lalwani ceased to be Additional Director on 28 Sep 2018.
43 earlier events are in the company report.
Frequently asked questions
Ashish Estates and Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 04 November 1981 (45+ years old) and is registered under CIN U70100MH1981PTC025550.
Ashish Estates and Properties has 2 current directors:
- Sunil Naraindas Lalwani - Director
- Ashish Vaid Girdharilal - Director
The latest financial statements of Ashish Estates and Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashish Estates and Properties is 27AAACA4555D1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ashish Estates and Properties is U70100MH1981PTC025550. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashish Estates and Properties has 6 court cases on record: 2 filed by the company and 4 filed against it. 2 are pending. Most are in the high courts.
Ashish Estates and Properties was incorporated on 04 November 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
Sunil Naraindas Lalwani ceased to be Additional Director on 28 Sep 2018. Girdharilal Vaid ceased to be Director on 28 Aug 2018. Sunil Naraindas Lalwani was appointed as Director on 10 Aug 2018. Ashish Estates and Properties has 4 board changes on record in total.
Ashish Estates and Properties has 8 MSME Form 1 returns on record between 2021 and 2024, listing 19 overdue payments to 7 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Ashish Estates and Properties can be reached through the website ashishestates.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ashish Estates and Properties is at 115 Maker Chamber3 Nariman Point, Mumbai, Maharashtra, India – 400021.